* The migration period begins when the SEPA instruments are made available and ends with the phasing out of the corresponding national payment instruments
(1) A study will be conducted on the SEPA Direct Debit version for business to business operations ("B2B"), once its specifications are adopted by the EPC.
(2) Some further work may be undertaken in the mid-term with other communities in order to define a strategy allowing to maintain the functionalities of these payment instruments and at the same time come within a more European framework.